EDUSD (StableCoin)
The Edma Dollar (EDUSD) is a stablecoin within the Edma Network, designed to facilitate energy trading, payments, and DeFi transactions while maintaining a 1:1 peg to the US Dollar.
EDUSD Utility & Functions
1. Stable Payments & Settlements
EDUSD enables stable, low-volatility transactions within the Edma ecosystem.
Used for buying and selling renewable energy tokens, ensuring price stability.
2. Marketplace & DeFi Integration
Serves as the primary settlement currency for ETT and CLE trades on the Edma marketplace.
Used for staking rewards, lending, and borrowing in Edma’s DeFi ecosystem.
3. Cross-Border Energy Transactions
Facilitates seamless energy payments across global markets without reliance on traditional banking.
Ensures instant, low-cost transactions for energy producers and corporate buyers.
Supply & Minting Process
EDUSD follows a collateral-backed minting model, ensuring full 1:1 backing for stability and trust.
Collateralized Minting
Backed by USD
Ensures 1:1 stability with USD value
ETT & CLE Conversions
Tradeable for EDUSD
Provides liquidity for energy markets
DeFi & Staking Rewards
Distributed via smart contracts
Used for lending, borrowing, and staking rewards
Burning & Stability Mechanisms
To maintain EDUSD’s 1:1 peg, the Edma Network employs strict collateralization and burning mechanisms.
1. Collateralized Stability
Every minted EDUSD is backed by reserves, ensuring full liquidity at all times.
Backed assets include stablecoins (USDC, USDT), ETH, and tokenized clean energy reserves.
2. Redemption & Burn Model
Users can redeem EDUSD for USD-backed assets, reducing excess supply when needed.
ETT and CLE conversions to EDUSD also follow a burn mechanism to maintain balance.
3. Smart Contract Monitoring
Automated price stabilization mechanisms prevent fluctuations.
Overcollateralization ensures EDUSD remains stable even during market volatility.
Final Supply Management
EDUSD is fully elastic, expanding and contracting based on collateral backing and user demand.
Ensures long-term stability and reliability for energy-backed financial transactions.
The EDUSD tokenomics model ensures a secure, stable, and efficient financial infrastructure for renewable energy markets, DeFi applications, and global transactions within the Edma Network.
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